Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61.20 - Wireless telecommunications activities

350 jobs
Number of planned job losses
Job loss
Announcement Date
24 October 2018
Employment effect (start)
Foreseen end date
31 October 2022

Description

Mobile phone company Three Mobile has announced plans to cut 350 jobs from its technology division. The move is part of the roll out of a new platform which is set to start in the middle of 2019. The changes will mean that fewer staff will be required, though the replacement of the existing technology will be phased, meaning that the job losses will take place gradually over a four year period. Three has said that it will seek to help affected employees find work elsewhere in the company, or outside the company should redeployment not be an option. 


Sources

Citation

Eurofound (2018), Three Mobile, Internal restructuring in United Kingdom, factsheet number 95896, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95896.